Updated Feb 16, 2024
Joni Sweetwood Brokers $19.05M Sale Of Vineland, NJ Multifamily Property
752 South East Avenue, Vineland, NJ, USA
$19,050,000
Units
152
Asset Type
MultiFamily
Closing
Mar 11, 2021
About this deal
AI
752 South East Avenue, 729 East Chestnut Avenue, and 1045-1047 East Park Avenue in Vineland, NJ have been sold. The multifamily property transaction was brokered by Joni Sweetwood.
Summary of transation details
- Property Type: Multifamily
- Sale Price: $19,050,000
- Units: 194
- Price Per Unit: $98,196
The sale price for the property was $19,050,000, with a total of 194 units. Each unit was sold at a price of $98,196.
The multifamily sale at 752 South East Avenue, Vineland, NJ, USA in Vineland, New Jersey sold for $19.1M in 2021. Reported inventory is 152 units across 152 units. Joni Sweetwood, Kislak appear on the sale alongside Kislak. This page is the Vineland, New Jersey file for the 752 South East Avenue, Vineland, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Vineland sit in the Market section below. Filter that Vineland multifamily set by closing date to see what else sold near 752 South East Avenue, Vineland, NJ, USA around 2021. Published consideration for 752 South East Avenue, Vineland, NJ, USA is $19.1M, dated 2021. Cite this Joni Sweetwood Brokers $19.05M Sale Of Vineland, NJ Multifamily Property sale when underwriting similar multifamily product around Vineland, New Jersey.
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Vineland MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93